Hi Stephen ty for the chance to share our oppurtunities!
Chris
Do Free Samples Increase Sales
When was the last time that you were given the opportunity to try a product for free? Did you like the product? Did you become regular consumer of the product after trying it? What is the purpose of giving away free samples?
Since the business environment is very competitive and volatile, almost all the firms in the market are trying their best to stay ahead of the competition. Due to this reason, they try various methods to gain the maximum market share in the shortest possible time period. Free samples can be identified as one of these methods that businesses try in order to win a higher percentage of the market share.
Now you must be wondering how this really helps to increase the sales volume of a particular business. Let me explain.
When we consider the market that exists in the modern world, it would be clear to anyone that the number of new products that enter the market on a daily basis is vast. For this reason, there is a high chance of consumers not recognizing or purchasing a product that is being introduced. This would be a major disadvantage for the company that introduced the product, especially considering their investment in research and development.
Therefore, to avoid this potential threat, giving away free samples and getting the consumers to try it would be a brilliant idea. The main aim behind this is to get the consumers to use the product. And since it is free the number of people that would actually try it might be considerable. If the product is very good and is able to gain the attention of many individuals who try it, the number of people who would actually become regular users of the product would also be very high. This would increase the sales volume of the given product in a tremendous manner. However, it is worth mentioning that the system of giving away free samples may only work with consumer goods that are regularly used and further, the number of free samples that can be given away would vary depending on availability and finances. Soap, beverages, food items and sweets are a few examples where a free sample system is normally used.
With the information given in the above sections of this article, it should be clear how free samples increase sales of a particular product. However, despite giving away free samples, other available advertising methods should also be used to maintain the competitiveness and to communicate about the product to a wider market. Including a brochure, business card or discount coupon with the free sample is always recommended.
Therefore, in conclusion, it can be said that free samples do help to increase sales of particular products that are being introduced to the consumer market.
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